South Florida Business Journal – New York wealth advisory firm opens South Florida office
The firm hired two teams of former Merrill Lynch advisors with a combined $344 million in client assets under management to staff the Coral Gableslocation.
Rob Mooney, Snowden Lane‘s managing partner and CEO, said establishing a presence in South Florida would help the firm build its international business.
“We think more financial advisor teams will realize that a specialty boutique like ours, with proven capabilities and deep experience, can provide a superior client experience,” Mooney said in a statement.
The Par Murillo Group and Rego Arias Group both specialize in serving domestic and international high-net worth families and institutions, with an emphasis on financial planning and estate planning.
The Coral Gables office is Snowden Lane‘s 10th U.S. location. The firm also has a presence in Pasadena and San Diego, California; New Haven, Connecticut; Pittsburgh, Pennsylvania; San Antonio, Texas; and Baltimore, Salisbury and Bethesda Maryland, in addition to its headquarters in New York City.